The most profitable solar collector on the market to supply Heat and Electricity.
A Key Oportunnity
Buildings are responsible of 40 % energy consumption in Europe. In spite of EU policies to reach the goal of 32% renewable energy by 2030 and to promote the standards of nearly Zero Energy Buildings, solar energy is not massively installed as expected in building sector.
Potential is huge: more than 75% of building stock is inefficient and need refurbishment actions.
However, solar thermal heat (for sanitary water and space heating mainly) and solar photovoltaic electricity compete for space in rooftop.
Hybrid solar panels are the solution
Abora Solar is a company specialized in designing, developing and manufacturing hybrid solar collectors, which simultaneously provide heat and electricity. This panel maximizes energy efficiency in a limited rooftop space.
Our goal is to bring to the market the most profitable solar collector. This is SHE.
We have patented a breakthrough innovation that completely changes the structure and manufacturing process of hybrid solar panels, allowing us to simultaneously increase energy efficiency and reduce costs. With SHE collector we can provide 5 year payback and supply 5 times more energy than a photovoltaic panel and extended life cycle.
Our goal for 2025
We face the market of solar heat in buildings and industries, valued in € 195 billion in 2025 with nearly 450 million solar collectors installed, which additionally always requires electricity for other uses.
Thanks to EIC Accelerator Pilot grant, Abora Solar is going to finalise the development of our breakthrough solar panel: SHE and the manufacturing line to accelerate the market launch in 2021. Our goal is to achieve 50,000 panels manufactured in Europe and sold worldwide in 2025.
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 947496
Duration in months: 24
Call (part) identifier: H2020-EIC-SMEInst-2018-2020-3
Topic: EIC-SMEInst-2018-2020 SME instrument
Fixed EC Keywords: Low/zero carbon communities, Photovoltaics, Solar Thermal
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